Oil news

Canada Considers Major Pipeline Revival Amid U.S. Trade Tensions

Oil news - Sun, 12/14/2025 - 23:00
Canada could approve the development of a new oil pipeline, four years after plans for the cross-border Keystone XL Pipeline were scrapped over environmental and human rights concerns. While Canada’s oil-rich Alberta province is highly supportive of the plan, environmentalists and Indigenous leaders are concerned about what impact the development of a new pipeline might have on both land and communities. This marks a significant shift away from the national energy policy of recent years, which was increasingly focused on decarbonisation.…
Categories: Oil news

The AI Boom Is Pushing Data Centers Past the Thermal Wall

Oil news - Sun, 12/14/2025 - 21:00
As hyperscale operators race to deploy increasingly powerful infrastructure, the thermal limits of traditional data centers are being tested, triggering a massive surge in demand for advanced cooling technologies. According to a new report from Verified Market Reports, the global data center cooling market was valued at $14.21 billion in 2024 and is projected to reach $34.12 billion by 2033. This represents a compound annual growth rate (CAGR) of 10.3% over the forecast period, a trajectory driven by a fundamental shift in how the internet’s…
Categories: Oil news

India Deepens Russian Oil Ties Despite U.S. Tariff Pressure in 2025

Oil news - Sun, 12/14/2025 - 19:00
Since the Russian invasion of Ukraine in 2022, the global energy landscape has changed significantly, as the United States and Europe introduced strict sanctions on Russian energy. This led to a rapid movement away from Russian oil and gas by Europe, as countries scrambled to find alternative supplies. As Russia lost many of its main energy trade partners, it also looked elsewhere, offering oil and gas at heavily discounted prices. The tactic worked, as China and India stockpiled vast quantities of low-cost Russian energy. Moscow now aims to strengthen…
Categories: Oil news

Venezuela’s Oil Future Hinges on U.S. Tensions and Possible Regime Shift

Oil news - Sun, 12/14/2025 - 03:00
Escalating tensions between the United States and Venezuela could lead to profound changes in the oil industry of the world’s largest crude resource holder. Any regime change of President Nicolas Maduro could be a game-changer for oil production in Venezuela, U.S. access to Venezuela’s heavy crude fit for U.S. Gulf Coast refineries, and America’s influence in the Western Hemisphere and Latin America. Although it’s not certain that U.S. President Donald Trump would necessarily pursue regime change or an incursion of some…
Categories: Oil news

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